Pros
High stock price makes stock plan attractive
Cons
No job security. Everyone is subject to layoff and replacement, everyone. No work life balance. Work load keeps increasing each time they get rid of some people and spread the work to remaining folks. No career path. CEO keeps organization very flat, which means there is a very short career ladder without many titles to climb. Moving up takes a really long time. You won't feel any confidence about long term career path no matter how good you perform. There is no culture here, just cost cutting. You can only focus on surviving current year without getting laid off. This is design by intention so everybody keeps their head down in the same position year over year. The performance ranking rule is as heartless as it can be. Every group is given a under perform quota to meet regardless of how the group performs. It forces managers to pick some folks as under performer even though they do not deserve such ranking. This system is designed to force people out year over year. It also makes rest of folks get less recognition from how good they actually perform. Come work for Broadcom if you just want valuable stocks and don't care how long to stay. If you want a serious career path, seek somewhere else.